The Little Book of Sideways Markets
Vitaliy Katsenelson, author of Active Value Investing: Making Money in Range-Bound Markets, has recently come out with a new book, The Little Book of Sideways Markets: How to Make Money in Markets that Go Nowhere. Many investors don’t realize that over the last ten years, the stock market has gone up and down but still [...]
The Bed of Procrustes
Those of you have enjoyed reading Nassim Taleb’s books, The Black Swan and Fooled by Randomness, should enjoy reading his latest book, The Bed of Procrustes: Philosophical and Practical Aphorisms. The book is a collection of sayings, aphorism, and thoughts that will help stretch your brain. It is an easy read with only 128 pages, [...]
The Company that Benefits the Most from Higher Interest Rates
Investors are afraid of higher rates. They are concerned that rising interest rates will make it harder to buy real estate, make it more expensive for companies to get and repay short-term loans, and make it difficult for consumers to make their credit card payments. So higher rates will adversely affect banks, REITs and utilities, [...]